Latest News

Credit union first to receive Non-Bank Deposit Taker Licence

NZCU Steelsands, a credit union based at New Zealand Steel Ltd at Glenbrook, is the first Non-Bank Deposit Taker (NBDT) to be licensed by the Reserve Bank of New Zealand. “We’re really delighted that the hard work put in by both our staff and the New Zealand Association of Credit Unions.

November 6th, 2014|

High Court victory ‘a win for all co-operatives’

The New Zealand Association of Credit Unions (NZACU) High Court victory to change its name to ‘Co-op Money NZ’ is a win for all co-operatives. NZACU Chief Executive, Henry Lynch, said the outcome is a win for co-operative principles  > Read the full story

October 31st, 2014|

Local beginnings bring global change

The concept of local social responsibility providing an impetus for global change is being celebrated this week as credit unions throughout the country recognise International Credit Union Day on Thursday 16th October. > Learn more

October 15th, 2014|

Duchess pleads with country to support credit unions instead of using payday lending industry

The Duchess of Cornwall will today issue an impassioned plea to Great Britian to support credit unions as an alternative to the payday loan industry.  Camilla, who herself uses a local banking co-operative, is expected to tell industry leaders: ‘Credit unions can change the way we talk and think about savings and loans. >Read the […]

October 15th, 2014|

International Credit Union Day

New Zealand’s credit unions celebrate International Credit Union Day® on the third Thursday in October each year. The International Credit Union Day® brings all people from credit unions worldwide to celebrate their co-operative history and achievements of helping people achieve their dreams and goals. Each year a theme is developed by the World Council […]

October 8th, 2014|

Inside an ICT shared services-plus model

Deane Johns, Chief Information Officer of the New Zealand Association of Credit Unions, talks about delivering shared services and more to its member organisations. “We are more than just a cost centre, we are responsible for providing services to our members…Read the full story

September 9th, 2014|

Credit unions in the political spotlight

28/8/14 – Dirty politics was put aside last night as senior politicians outlined their universal support for growing the cooperatively owned credit union and mutual building society sector in New
Zealand.

The political panel event was hosted at The Langham Hotel, Auckland, by the New Zealand Association of Credit Unions (NZACU), the national body that represents […]

August 28th, 2014|

Credit Union Movement Receives Cooperative Awards

15/8/14 – The industry body that represents 22 cooperatively owned credit unions and mutual building societies throughout New Zealand, was recognised last night by Cooperative Business New Zealand at its inaugural Annual Service Awards event.

Held at the Novotel Ellerslie, Auckland, the awards dinner saw NZACU recognised for its 53 years’ service as a member […]

August 15th, 2014|

World credit union body recognises New Zealand director

31/7/14 – New Zealand Association of Credit Unions (NZACU) director, Rob Nicholls, has been honoured with a prestigious international award from the World Council of Credit Unions, the international body representing more than 208 million people in 103 countries across the globe.

Last night, Rob Nicholls was presented with the prestigious Distinguished Service Award at […]

July 31st, 2014|